The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-01

press warehouses there is a capacity
Of 10000 bales on head at one time
ship marked. Three Of these i'm
mense presses are in the Navy YarC
and have a capacity OF 10000 balei
on head, ship marked. IN addition
to the facilities Of the Navy Yard
congresses; proper, immense pile,
have been driven out to deer
water aud along the rivei
front = distance Of 1900 feet
which gives IS great facilities 10 a
feet oil river steamers at one time as
is given by the two great railroad
lines, the Louisville aud Nashville
and the Chesapeake aud Ohio, on the
east side OF this property: The
presses of the Merchants Cotton
Press and Storage Company are now
all so located that the loading OF
cotton either on car, steamer or
barge is done with the greatest OF
ease and dispatch and on the most
economical plan.
An immense crane has been placed
midway the traverses on the river
dock, and this handles the steam boat
and barge gang planks with the
greatest quickness, so that a boat
hardly touches the wharf or docks at
the Mississippi River front before
cotton is being shot aboard at q speed
Of perhaps FIVE bales per minute.
The Merchants Cotton Press and
Storage Company has expended $50,-
600 in the erection Of new and pow
erful press, brought from Norfolk,
Va, aud it stands midway between
Calhoun and Georgia streets. There
10 GOO feet space on each side OF the
press, and each GOO feet has the
tracks OF the Louisville, New Or
leans aud Texas and the Mississippi
and Tennessee railroads laid in IT,
front, giving track capacity for this
press OF thirty two cars at one time.
The Memphis and Charleston Rail
road press is being put in complete
order, and the old brick building
which stood around il has been torn
down, 10 make more space and give
greater facility for rapid work.
The press being erected alongside
the Memphis, Birmingham and At
lsntic aud the Kansas City railroad
depots will also have large capacity.
These six presses this season will be
fully able, with power, capacity aud
room, 10 press | ,0O0, 600 bales Of cot
ton, so Memphis will not suffer for
want OF compress capacity.
The following condensed statement
OF the years business as 10 receipts
and shipments will be found interest
ING aud valuable as a reference:
Up TO above date Memphis re.
ceived GG3 "a bales, against 5i5. 500
bales last year, an increase OF HILL
bales, and shipped G53, O6l, against
81, 400, an increase OF ll0GOl. A
OF this statement will
show that the increase in both re-
ceipts aud shipments is due 20 tho
increased railroad movement, where
rs the river movement has material
ly decreased, aud the receipts By
wagons are also smaller than last
year.
OF receipts the railroads brought
900, l57 this year, against 3G2,72i last
ycar-an increase OF III ,733. Steam
srs brought ~, $40, against 1870 s5i
decrease, 16ll wagons. j0.5S0,
igainst ~, 99l-decrepse, 2ill. OF
shipments the railroad movement, as
with the river, is even
more decided, the railroads export. |
ng this year 1908, against ilS G35 |
asst ycar-an increase OF lGO99S;
steamers, 73, i2S, against l23S25-a |
decrease Of ~, 3g7.
OF the total receipts (6G3,27O, !
l0l ,S95 we're transit cotton, showing
hat Sol Az, or nearly 50 per cent, |
If the entire receipts were consigned
o Memphis factors aud sold here. |
)f the receipts last year (5i5, jG6). |
y, 2iS we're transit cotton, leaving 50 |
Der cent. as amount sold by factors.
The home consumption TO date was
,779 bales; last year, 4S9 bales, the
Increase this year being 300 bales.
Below will be found accurate tables
living q history Of the years cotton
rade Of the city, and as prepared by |
Secretary Hotter and Assistant Sec
etary LaIIache Of the Exchange.
The consolidated statement lisa sta
istical map covering weekly receipts,
hipmonts, stocks, sales aud prices of
lotion for the year ending August
"a 400